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Month: September 2021

Posted on 28/09/2021

Hong Kong banks have limited exposure to stressed Chinese developers – regulator

The risks to Hong Kong banks from heavily indebted Chinese property developers are manageable, a top executive at the city's banking regulator said on Tuesday. ( read original story ...)

Posted on 28/09/2021

Coronavirus latest: US heightens travel alerts for Singapore and Hong Kong

Exports to China rose 5.7 per cent while shipments to the US rose more than 12 per cent. Malaysia’s exporters had suffered following the closure of factories in its industrial hub state of Selangor in ... ( read original story ...)

Posted on 28/09/2021

Hong Kong man on national security trial over protest chants

A Hong Kong man who chanted protest slogans pleaded not guilty to inciting secession on Tuesday in the second national security case to come to trial as authorities wield the sweeping new law to snuff ... ( read original story ...)

Posted on 28/09/2021

Hong Kong home prices revised to record high in July, edge lower in Aug

Hong Kong private home prices hit a record high in July, according to revised data, before dropping a tad in August, suggesting one of the world's most expensive property markets is showing little ... ( read original story ...)

Posted on 28/09/2021

Property, tech stocks power Hang Seng rally as China vows to maintain a healthy real estate market amid distress signs

Stocks show a promising start as risk appetite rebuild. China’s central bank vows to ensure a healthy property market, a sign authorities are ready to contain any fallout from Evergrande’s debt crisis ... ( read original story ...)

Posted on 28/09/2021

Alibaba, JD And Nio Rivals Xpeng, Li Auto Lead Hang Seng Higher, Evergrande Up 6% Even Amid Concerns Of Debt Crisis, China Power Crunch

JD.Com Inc. (NASDAQ: JD), Xpeng Inc. (NYSE: XPEV), Li Auto Inc. (NASDAQ: LI) and Tencent Holdings Inc. (OTC: TCEHY) ... ( read original story ...)

Posted on 28/09/2021

China, HK shares rise as real estate stocks jump on central bank promise

SHANGHAI: Chinese shares rose on Tuesday, led by real estate stocks, after the central bank pledged to protect consumers exposed to the housing market, while Hong Kong gained as property and tech ... ( read original story ...)

Posted on 28/09/2021

CDC raises Covid travel advisory level for Singapore and Hong Kong

The U.S. Centers for Disease Control and Prevention on Monday increased its travel advisories for Singapore and Hong Kong by one level each. ( read original story ...)

Posted on 28/09/2021

Hong Kong’s ‘Hands Are Tied’ on Covid Rules, Top Adviser Says

Hong Kong is stuck between China’s zero-tolerance approach to the coronavirus and the west’s reopening, and it has no clear idea how to satisfy Beijing’s demands so cross-border travel can resume, a ... ( read original story ...)

Posted on 28/09/2021

Understanding Hong Kong’s economic recovery

As clearly demonstrated by the "Report on Hong Kong's Business Environment," the U.S. attempt of any sort to destabilize the HKSAR and undermine its economy has failed. ( read original story ...)

Posted on 28/09/2021

Report says Hong Kong retains sound business environment under ‘one country, two systems’

A report released by the Hong Kong Special Administrative Region (HKSAR) government on Monday pointed out that Hong Kong has retained its sound business environment and unique advantages under "one ... ( read original story ...)

Posted on 28/09/2021

U.S. attempt to harm Hong Kong’s stability, development will not succeed: report

Attempts of the United States and other Western countries to undermine Hong Kong's stability and restrain Hong Kong's economic development will not succeed, an official report by China's Hong Kong ... ( read original story ...)

Posted on 28/09/2021

U.S. Raises Covid Danger Level in Hong Kong and Singapore

The U.S. said trips to Singapore and Hong Kong have become more dangerous because of the coronavirus, raising its travel health advice for the Asian financial hubs by one level. ( read original story ...)

Posted on 28/09/2021

Broncus raises nearly US$200M in HK IPO, but shares slide over 20% on first trading day

Broncus Holding Corp.’s shares tumbled more than 20% on its first trading day on Friday, Sept. 24, in Hong Kong. It raised HK$1.55 billion (US$199.1 million) at HK$18.70 a share, the top end of its ... ( read original story ...)

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